Forget the Bitcoin and gold price rises! I’d invest money in the best UK shares today

Investing money in the best UK shares today could lead to higher returns than buying gold or Bitcoin over the long run, in my opinion.

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Investors who’ve purchased the best UK shares in recent years may be disappointed at the lack of positive returns thus far. The stock market crash has caused their valuations to come under pressure, which could persist in the short run.

At the same time, Bitcoin and gold prices have surged higher as investors have sought alternatives to underperforming FTSE 100 and FTSE 250 shares.

However, over the long run, the return prospects for British stocks could be significantly greater than those of the precious metal or virtual currency. As such, now could be the right time to build a portfolio of undervalued stocks.

The best UK shares may offer good value for money

Some of the best UK shares have recorded substantial price declines this year. While that’s disappointing in the short run, it presents a more attractive buying opportunity for long-term investors. They’re now able to buy a range of British stocks at low prices. Over time, their market positions, strategies and low valuations could lead to them delivering impressive returns that catalyse your portfolio’s performance.

By contrast, the Bitcoin and gold price rises suggest they may now offer more limited upside than equities. Gold has hit a record high this year. That indicates factors such as low interest rates and a benign rate of inflation may have been included in investor expectations. This may limit its growth potential – especially with investor sentiment likely to improve towards risky assets.

Bitcoin, meanwhile, lacks the fundamentals offered by the best UK shares. For example, it’s not possible to determine the value of virtual currencies, since there’s no data available. Furthermore, the cryptocurrency’s regulatory risks may mean its price rises are less impressive in future than they have been in the recent past.

Investing money in British stocks after a crash

It takes a lot of self-discipline to invest money in the best UK shares during what’s a dire time for the economy. Investors naturally seek alternative investments outside of the stock market to reduce risk due to the potential for higher volatility as various economic indicators weaken.

However, it’s at such times the best buying opportunities can present themselves. The history of the stock market shows it has always bounced back from even its most difficult periods. Therefore, buying a diverse range of businesses is likely to produce high returns over the long run. And that could significantly outperform other assets such as Bitcoin and gold.

For long-term investors, now could be the right time to build a portfolio of the best UK shares while they trade at low prices. It could have a positive impact on your financial outlook and allow you to benefit from an economic recovery that boosts investor sentiment in the coming years.

RISK WARNING: should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex. Where we promote an affiliate partner’s brokerage products, these are focused on the trading of readily releasable securities.

Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

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